#贝莱德减持BTC增持ETH Based on the latest on-chain data as of June 2026, asset management giant BlackRock has recently adjusted its crypto holdings, showing a trend of “reducing Bitcoin, increasing Ethereum.”



The specific transaction details are as follows:

· Bitcoin (BTC): Decreased by 3,671 coins (about $230 million)
· Ethereum (ETH): Increased by 10,566 coins (about $17.71 million)

🔍 How to interpret this adjustment?

It is important to clarify that this adjustment mainly reflects the trading behavior of its clients, rather than BlackRock’s own stance of “bearish” or “bullish”:

· Essentially, it is ETF capital flow: As an ETF issuer, BlackRock’s on-chain holdings mainly follow client subscription and redemption demands. When clients redeem Bitcoin ETF shares, the fund must sell BTC; conversely, when clients subscribe to Ethereum ETFs, the fund buys ETH.
· It is not a directional shift: Although there is a reduction, Bitcoin remains the core of BlackRock’s crypto allocation. As of the end of Q1 2026, its BTC holdings still totaled approximately $51.8 billion, far exceeding Ethereum’s roughly $6 billion.

📊 Recent overall trend

From a longer-term perspective, BlackRock’s crypto actions show several characteristics:

· Significant buy-in in May: In early May 2026, BlackRock purchased over $1 billion worth of Bitcoin and Ethereum through ETFs, with Bitcoin accounting for $870 million.
· Continuous net outflows recently: Since mid to late May, influenced by market sentiment, Bitcoin ETF funds experienced consecutive large-scale outflows, forcing BlackRock to reduce BTC holdings for several days in a row, with weekly reductions reaching as high as $1 billion.
· Increasing Ethereum allocation: Amid these fluctuations, BlackRock’s Ethereum holdings have shown steady growth overall, indicating growing institutional interest in Ethereum.

Overall, this “selling big coins and buying smaller coins” operation is a tactical rebalancing in response to the crypto market correction, reflecting the adjustment of its investment portfolio.
BTC-2.57%
ETH-3.16%
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LuYong
· 4h ago
Ethereum is dropping way too hard, right? I used to think I’d never see anything like that again—turns out I didn’t expect it.
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